Anglesey Mining plc has raised £415,000 via a placing of 32.5 million ordinary shares with certain institutional and other investors and a subscription of 9m ordinary shares, all at 1 pence per share. Net proceeds will go towards developmental work at Parys Mountain, advancing development options at Grängesberg iron ore mine, debt repayment and general […]
Tag: fundraise
Altona conditionally raises £1.29m
Altona Rare Earths plc has conditionally raised £1,290,000 via a subscription and two loans to progress its African projects. PROSPECTUS The 1.2% discounted subscription for 39,000,000 new ordinary shares of 1 pence each in the company raised £390,000. Altona additionally secured two loans of £600,000 and £300,000. Of the combined amount raised, private investor Tracarta […]
WGE completes C$1.2m fundraise
Western Gold Exploration plc said it had completed its previously announced non-brokered private placement for C$1,243,580 via a private placement. The company issued 17,765,428 common shares each at a price of C$0.07. Monaco-based Zila Corporation, which held 14.07% of WGE’s issued and outstanding common shares, acquired 4,285,714 shares for C$300,000. The investor now holds 11,334,388 […]
Helium One raises £8m via 56.5% discounted fundraise
Helium One Global Ltd has raised £8 million via a 56.5% discounted fundraise for 1.6 billion new ordinary shares of no par value in the company at a price of 0.50 pence per ordinary share. USES A placing of approximately 1.6bn new ordinary shares raised approximately £7.9m, and a subscription of 27m new ordinary shares […]
GreenRoc raises £110,000 via subscription
GreenRoc Mining plc has this week raised a further £110,000 via a subscription of a total 6,111,108 new ordinary shares of 0.1 pence each at a price of 1.8 pence per share. DIRECTORS/PDMRs The company’s directors, persons discharging managerial responsibilities, its largest shareholder Alba Mineral Resources plc and a number of Alba concert parties took […]
Panther raises £375,000 via discounted placing
Panther Metals plc raised £375,000 via a placing of 8,333,334 new ordinary shares at a discounted price of 4.5 pence per placing share in a bookbuild. USES The shares issue will represent approximately 8.2% of the company’s enlarged ordinary share capital following the placing. The placing price of 4.5p per placing share is a 12.6% […]